Western Wealth Capital Appoints Doug Mather to Chief Investment Officer
March 29, 2023Accomplished multifamily acquisition executive promoted to top investment position
North Vancouver, Canada (March 29, 2023) – Western Wealth Capital (WWC), today announced that Doug Mather has been appointed to the role of Chief Investment Officer, effective immediately. In his expanded role, Mr. Mather will be responsible for WWC’s investment and financing strategy, as well as the execution of asset management, institutional investment partnerships, risk management, finance, and accounting across WWC’s portfolio of investment properties. The expansion of Mr. Mather’s role is aimed at providing enhanced management and oversight across the entire investment cycle, from acquisitions and financing through to the eventual and successful divestment of assets.
Mr. Mather has been promoted from the role of Executive Vice President, where, since joining the company in 2017, he has been instrumental in the company’s monumental growth – surpassing $6 billion in total transactional value across 170 acquisition and disposition transactions.
“Through his outstanding leadership over the past five years, Doug has performed as an instrumental member of the WWC executive team and a champion of maximizing investor value,“ says Janet LePage, CEO, and Co-Founder of Western Wealth Capital. “By joining our acquisitions, finance, and asset management functions under the Chief Investment Officer, we are streamlining our executive management structure and strengthening the connection between our investment activity and business operations. We look forward to continuing to grow our investment portfolio consistent with our investment strategy and are confident that Doug, supported by our experienced acquisitions, finance, and asset management team, will continue expanding on our track record of value creation for our investment partners.”
With over 20 years of experience in commercial real estate and finance, Mr. Mather has extensive investment, asset management, and finance expertise and a proven track record of success. In previous roles, he has served as both Vice President of Finance and Capital & Investments for Amacon Development Group, a leading Canadian real estate development, and construction firm, and served in several management roles with Canadian financial institutions. With wide oversight of asset valuation, deal structure, and financing, and overall company stewardship, Mr. Mather will strategically guide Western Wealth Capital’s U.S. multifamily investment portfolio and help optimize asset performance to maximize returns for investors while continuing with the company’s people-first approach of doing real estate investment differently.
“Western Wealth Capital has ambitious plans to continue investing within key markets in the United States including Phoenix, Dallas, Houston, Atlanta, and Las Vegas” says Doug Mather, the newly promoted Chief Investment Officer. “This new role is a compelling opportunity to utilize my industry knowledge, experience, and connections to grow Western Wealth Capital into its next phase. I look forward to working with our team and our investment partners to continue to build on our track record of results.”
About Western Wealth Capital
WWC has developed a proven system for investing in multifamily properties in key real estate markets across the U.S. WWC offers investment partners the opportunity to invest in properties with substantial value-add opportunities. Since its inception, WWC has successfully completed more than $6 billion in real estate transactions representing more than 27,000 total units. WWC’s vision is to build wealth for its investment partners with industry-leading returns. A people-first approach promotes excellence at every point; with highly efficient operations and a true commitment to our communities.
Contact Us
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Alex Collins
alex@westernwealthcapital.com
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604.260.4789
info@westernwealthcapital.com
www.westernwealthcapital.com
No securities commission or similar regulatory authority has reviewed this content. In considering the prior performance information contained herein, prospective investors should bear in mind that past performance is not necessarily indicative of future results, and there can be no assurance that Western Wealth Capital will achieve comparable results. This press release includes forward-looking statements. All statements other than statements of historical facts included in this document, including, without limitation, statements regarding the future financial position, targeted or projected investment returns, and business strategy are forward-looking statements. In addition, forward-looking statements generally can be identified by the use of forward-looking terminology such as “may,” “will,” “expect,” “intend,” “forecasted,” “projected,” “estimate,” “anticipate,” “believe,” or “continue” or the negative usages thereof or variations thereon or similar terms. Forward-looking statements reflect our current expectations and assumptions as of the date of the statements and are subject to a number of known and unknown risks, uncertainties, and other factors, many of which are beyond our control, which may cause actual results, performance or achievements to be materially different from any anticipated future results, performance or achievements expressed or implied by the forward-looking statements. Although we believe that the assumptions on which the forward-looking statements are made are reasonable, based on the information available to it on the date such statements were made, no assurances can be given as to whether these assumptions will prove to be correct. Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements contained are expressly qualified in their entirety by this cautionary statement. No representation or warranty is made to the accuracy or completeness of any of the information contained herein.